Research output: Contribution to journal › Article › peer-review
Budgeting and governing for deficit reduction in the uk public sector : Act 2 ‘the annual budget. / Ferry, Laurence; Eckersley, Peter.
In: Public Money and Management, Vol. 32, No. 2, 2012, p. 119-126.Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Budgeting and governing for deficit reduction in the uk public sector
T2 - Act 2 ‘the annual budget
AU - Ferry, Laurence
AU - Eckersley, Peter
PY - 2012
Y1 - 2012
N2 - This paper explains how the UK government sets its annual budgets within the context of multi-year spending reviews, yet was able to announce policies in the 2011 annual budget that sat outside the 2010 spending review framework. As such, it illustrates that the budget process remains an enabler of changing circumstances and is not constrained by medium-term financial planning. This finding has implications for other jurisdictions that may be considering how best to balance annual flexibility with multi-year stability in public spending.
AB - This paper explains how the UK government sets its annual budgets within the context of multi-year spending reviews, yet was able to announce policies in the 2011 annual budget that sat outside the 2010 spending review framework. As such, it illustrates that the budget process remains an enabler of changing circumstances and is not constrained by medium-term financial planning. This finding has implications for other jurisdictions that may be considering how best to balance annual flexibility with multi-year stability in public spending.
KW - Budgeting
KW - Enabling
KW - Multi-year planning
KW - Practice theory
KW - Public sector
UR - http://www.scopus.com/inward/record.url?scp=84898884103&partnerID=8YFLogxK
U2 - 10.1080/09540962.2012.656017
DO - 10.1080/09540962.2012.656017
M3 - Article
AN - SCOPUS:84898884103
VL - 32
SP - 119
EP - 126
JO - Public Money and Management
JF - Public Money and Management
SN - 0954-0962
IS - 2
ER -